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PHINMA subsidiary buys Petra Cement for P500m

PHINMA subsidiary buys Petra Cement for P500m
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Philcement unit acquires Petra

Philcement Corp., a unit of conglomerate Phinma Corp., on Tuesday said it signed a share purchase agreement to acquire Petra Cement Inc. Philcement Mindanao Corp., a subsidiary of Philcement, will pay P500 million in exchange for 100 percent of the outstanding shares of Petra, the company said. The transaction is… ....

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PHINMA Corp. to acquire Petra Cement for P500 million - BusinessWorld Online

PHINMA Corp. to acquire Petra Cement for P500 million - BusinessWorld Online
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Phinma ramps up cement business | The Manila Times

LISTED conglomerate Phinma Corp. plans to further expand its cement business in Mindanao with the development of a P2-billion facility in Davao. ....

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